Asia Pacific LNG to Deliver First Gas by Mid 2015

Origin Energy has announced that its aim continues to be to deliver first gas from Asia Pacific LNG project by mid-2015.

“Australia Pacific LNG continues to make good progress on the delivery of the CSG to LNG project and is 58 per cent complete on the upstream and 62 per cent on the downstream parts of the project. As at 31 December 2013, $17.2 billion of the $24.7 billion project cost estimates had been spent. The Australia Pacific LNG project remains on track for first LNG in mid-2015 and estimated costs to complete are in line with budget,” the company said in a statement.

According to Origin, planning is underway for transitioning from the project phase to investing in sustaining production and ongoing operations.

“Drilling and completions, and gathering are progressing ahead of schedule. The main pipeline is nearing completion and commissioning continues on the Condabri Central gas plant and the water treatment facility,” the company said.

The CSG to LNG project brings together a joint venture between Origin (37.5%), ConocoPhillips (37.5%) and Sinopec (25%).

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